USDA Weekly Crop Progress Report - Corn Rated 72% Good to Excellent; Soybeans 67% Good to Excellent

OMAHA (DTN) -- While the development of U.S. corn and soybeans remains ahead of the average pace, condition ratings for both crops are below those of last year, USDA NASS reported in its weekly Crop Progress report on Monday.

In its first condition rating of the year for soybeans, NASS pegged the crop at 67% in good-to-excellent condition, down from 72% good to excellent at the same time last year.

"Nebraska soybeans were the leader at 86% good to excellent, with Iowa and Illinois at 73% good to excellent and Minnesota at 70%," said DTN Senior Analyst Dana Mantini.

And while it started the season with a higher condition rating than last year, the corn crop's good-to-excellent rating dropped to 72% last week, down 4 percentage points from 76% the previous week, and falling below last year's good-to-excellent rating at the same time of 75%.

"Nebraska corn was given the highest good-to-excellent rating of 84%, while Illinois was 74%, Iowa was 77% and Minnesota was 69% good-to-excellent," Mantini said.

Meanwhile, planting and development of both corn and soybeans remained ahead of the five-year average. NASS estimated that 90% of the intended soybean crop was in the ground as of Sunday, June 7 -- 6 percentage points ahead of last year at the same time and 11 percentage points ahead of the five-year average of 79%. NASS estimated that 76% of soybeans had emerged -- 17 percentage points ahead of the five-year average of 59%. NASS was calling corn planting complete and estimated 90% of the crop had emerged as of Sunday -- 8 percentage points ahead of the five-year average of 82%.

Winter wheat heading was pegged at 85%, near the five-year average of 86%. Two percent of the crop was harvested as of Sunday, led by Texas where 20% of the crop is in. That is behind both last year's 6% harvested and the five-year average of 7%.

Winter wheat condition was rated 50% good to excellent, up 2 percentage points from 48% the previous week but down 1 point from a year ago.

"The week showed higher winter wheat ratings for Texas, Missouri, Colorado and Kansas, which more than offset declines for Montana, Arkansas, Michigan, Illinois, Washington and South Dakota," said DTN Lead Analyst Todd Hultman.

NASS reported that spring wheat planting has wrapped up and an estimated 90% of the crop has emerged, 4 percentage points ahead of the five-year average of 86%.

But likely due to the worsening drought conditions in the Northern Plains, spring wheat condition fell again last week to 38% good to excellent, down 5 percentage points from 43% the previous week. The crop's current rating is lowest for this time of year since 1988.

"Notable declines in spring wheat ratings were seen in South Dakota, Montana and Minnesota," Hultman noted.

Sorghum was 52% planted, 7 percentage points behind the average.

Cotton planting was 71% complete, 7 percentage points behind the five-year average. Cotton condition was rated 46% good to excellent up 3 percentage points from 43% the previous week.

Rice was pegged at 91% emerged. Rice condition was rated 75% good to excellent, up 1 percentage point from 74% the previous week.

Oats emergence was estimated at 95% Sunday, and heading was at 37%. Oats were rated 46% in good-to-excellent condition, down a significant 9 percentage points from 55% the previous week.

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